Rare opportunity in San Diego's prime neighborhood of Mission Hills! Property consists of a 3-bedroom 2.5-bath front house and (3) 1-bedroom 1-bath units with 2,740 rentable square feet. Earn $14,000 of monthly income or live in the main house while collecting $7800 a month from the other three units. Recently updated with a $500,000 investment, each unit offers private outdoor space and modern design, including 1 outdoor hot tub. Ideally located with a 5-minute walk to Little Italy, a 5-minute drive to the airport, and central to all of San Diego with stunning views of the bay.
Sold for $2,650,000 on 04/23/24
$2,650,000
2863-65 State St, San Diego, CA 92103
6beds
--sqft
Multi Family
Built in 1932
-- sqft lot
$2,575,400 Zestimate®
$--/sqft
$4,397 Estimated rent
Home value
$2,575,400
$2.34M - $2.83M
$4,397/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 13, 2025 at 04:40am
Listed by:
Daniel A Sipher DRE #02043589 408-368-5225,
JLM Real Estate Inc,
Jason J Lee DRE #02068011 619-891-0403,
JLM Real Estate Inc
Bought with:
Aspen R Scharff, DRE #02082948
Signature Real Estate Group
Source: SDMLS,MLS#: 240002805
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Cooling
- Central Forced Air
Interior area
- Total structure area: 3,300
Property
Features
- Levels: 2 Story
- Fencing: Other/Remarks
Details
- Parcel number: 4516710200
- Special conditions: Call Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Tile/Clay
Condition
- Year built: 1932
Community & neighborhood
Security
- Security features: Other/Remarks
Location
- Region: San Diego
- Subdivision: MIDDLETOWN
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2024 | Sold | $2,650,000-1.8% |
Source:  SDMLS #240002805 | ||
| 3/20/2024 | Pending sale | $2,699,000 |
Source: SDMLS #240002805 | ||
| 2/7/2024 | Listed for sale | $2,699,000+25.5% |
Source: SDMLS #240002805 | ||
| 5/7/2021 | Sold | $2,150,000+34.5% |
Source: Public Record | ||
| 9/15/2019 | Listing removed | $1,599,000 |
Source: Coldwell Banker West #190026551 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,392 +22.5% | $2,703,000 +18.5% |
| 2024 | $28,066 +2.3% | $2,281,596 +2% |
| 2023 | $27,447 +2.7% | $2,236,860 +2% |
Find assessor info on the county website
Neighborhood: Midtown
Nearby schools
GreatSchools rating
- 7/10Grant K-8Grades: K-8Distance: 1 mi
- 5/10San Diego High SchoolGrades: 9-12Distance: 1.5 mi
- 5/10Roosevelt International Middle SchoolGrades: 6-8Distance: 1.4 mi
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Estimated market value
$2,575,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,575,400